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A. O. Smith Corp (AOS)

AOS on New York Consolidated

50.56USD
24 Feb 2017
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Latest Key Developments (Source: Significant Developments)

A. O. Smith reports Q4 earnings per share $0.47
Thursday, 2 Feb 2017 06:55am EST 

A. O. Smith Corp - : A. O. Smith announces double-digit 2016 earnings growth on six percent increase in sales . Q4 earnings per share $0.47 . Q4 sales $698.1 million versus I/B/E/S view $709.3 million . Q4 earnings per share view $0.46 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $1.98 to $2.08 . "We believe our sales in china will continue to grow at a rate of approximately 15 percent in local currency" in 2017 . Believe sales in U.S. will be driven by residential water heater growth, continued growth of boilers and water treatment products in 2017 . FY2017 earnings per share view $2.06 -- Thomson Reuters I/B/E/S . At its Dec 2016 meeting, co's board of directors increased authorized shares available for repurchase by 3.0 million shares .Earnings guidance for FY does not include potential impact from future acquisitions.  Full Article

A. O. Smith announces 17 percent dividend increase
Friday, 20 Jan 2017 04:15pm EST 

A. O. Smith Corp - : A. O. Smith announces 17 percent dividend increase . Increases quarterly cash dividend by 17 percent to $0.14 per share .Approved a 17 percent increase in company's quarterly cash dividend to $.14 per share.  Full Article

A.O. Smith reports Q3 results 2016
Wednesday, 26 Oct 2016 06:50am EDT 

A.O. Smith Corp : A.O. Smith reports strong net earnings growth on nine percent increase in sales . Q3 earnings per share $0.47 . Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Sees fy 2016 earnings per share $1.81 to $1.83 . A.O. Smith Corp says company expects to spend approximately $135 million in 2016 on share repurchases . Qtrly net sales $ 683.9 million versus $ 625.1 million . Q3 revenue view $685.2 million -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $1.82 -- Thomson Reuters I/B/E/S.  Full Article

A. O. Smith buys water treatment co Aquasana for $87 mln
Monday, 8 Aug 2016 01:10pm EDT 

A. O. Smith Corp : A. O. Smith acquires water treatment company Aquasana . Deal for $87 million . Aquasana 2016 sales expected to be about $44 million, including approximately 35 percent comprised of consumable water treatment filters . A. O. Smith believes Aquasana's organic revenue, including synergies, could reach $100 million in 2019 . Used available borrowing capacity on its $400 million revolving credit facility to fund debt-free acquisition . Now expects to repurchase approximately $135 million of its shares in 2016 . Professional fees related to acquisition of approximately $1 million . Purchase price represents a multiple of two times expected 2016 sales . Expects to achieve approximately $25 million to $30 million of annual revenue synergies over next two to three years driven from deal .Expects acquisition to be neutral to earnings per share in 2016, excluding one-time after-tax purchase accounting charges and professional fees related to acquisition.  Full Article

A. O. Smith Q2 earnings $0.98/ share
Tuesday, 26 Jul 2016 06:50am EDT 

A. O. Smith Corp : Q2 earnings per share $0.98 . Q2 earnings per share view $0.90 -- Thomson Reuters I/B/E/S . Continues to expect to spend $175 million in 2016 on share repurchases. . Qtrly net sales $667.0 million versus $653.5 million . Quarterly sales rose 2 percent . A. O. Smith reports strong growth in net earnings on record sales . Upgraded midpoint of our 2016 guidance range and now expect full-year 2016 earnings per share to be between $3.58 and $3.64 . Sees full-year 2016 earnings per share $3.58 to $3.64 .Full-year 2016 earnings per share view $3.52 -- Thomson Reuters I/B/E/S.  Full Article

A. O. Smith Corp ups dividend by 26 pct to $0.24/shr
Monday, 25 Jan 2016 04:45pm EST 

A. O. Smith Corp:Approved a 26 percent increase in the company's quarterly cash dividend to $.24 per share.Payable on Feb. 16 to shareholders of record date as on Feb. 5.  Full Article

A. O. Smith Corp raises FY 2015 EPS guidance
Wednesday, 21 Oct 2015 06:45am EDT 

A. O. Smith Corp:Says that as a result of continued strong performance in North America, the company is increasing its guidance for FY 2015.Expects to achieve FY 2015 earnings of between $3.08 and $3.12 per share (EPS), which excludes the potential impact from future acquisitions.  Full Article

A. O. Smith Corp reaffirms FY 2015 EPS guidance
Thursday, 23 Jul 2015 07:00am EDT 

A. O. Smith Corp:Says that it will achieve FY 2015 earnings of between $3.04 and $3.09 per share, which excludes the potential impact from future acquisitions.  Full Article

A. O. Smith Corp declares quarterly dividend
Monday, 13 Jul 2015 10:39pm EDT 

A. O. Smith Corp:Declares a regular quarterly cash dividend of $.19 per share on the company's common stock and class A common stock.Says the dividend is payable on Aug. 17 to shareholders of record July 31.  Full Article

A. O. Smith Corp declares quarterly dividend
Monday, 13 Apr 2015 04:49pm EDT 

A. O. Smith Corp:Declares regular quarterly cash dividend of $.19 per share on the company's Common Stock and Class A Common Stock.Payable on May 15, of record April 30.  Full Article

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BRIEF-A. O. Smith reports Q4 earnings per share $0.47

* A. O. Smith announces double-digit 2016 earnings growth on six percent increase in sales